European Commission may increase Romania’s funds by 10 pct for 2021-2017, says Corina Cretu

Anca Alexe 17/09/2018 | 08:45

Corina Cretu, the European Commissioner for Regional Policy, said on Saturday that the Commission’s funding proposal for 2021-2027 includes a 10 percent increase in Romania’s EU funds compared to the amounts available to the country in the current period.

“This is a moment when both the government and the local authorities must prepare projects for the 2021-2027 programming period. The Commission has made its proposal for the future budget, it’s currently being analysed by the European Parliament and the Council of the EU as co-legislators. I hope the proposal stays at is it now, where the cohesion policy has a total of EUR 373 billion for the period, the highest allocated sum in EU history. Romania, Bulgaria and Greece all have a proposed increase of over 10 percent,” Corina Cretu said.

Cretu added that she hopes we will learn from the mistakes each state made at the beginning of their membership and manage to extract maximum value out of the funds available.